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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report: November 12, 1999
SECOND BANCORP, INCORPORATED
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(Exact name of registrant as specified in its charter)
Ohio 0-15624 34-1547453
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(State of incorporation) (Commission (IRS Employer
File Number) Identification No.)
108 Main Avenue S.W., Warren, Ohio 44482-1311
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: 330-841-0123
ITEM 5. OTHER EVENTS
On November 4, 1999, the Company issued the following press release:
SECOND BANCORP, SECOND NATIONAL BANK
NAME NEW PRESIDENT
WARREN, OHIO, NOVEMBER 4, 1999 - -SECOND BANCORP INCORPORATED, (Nasdaq "SECD")
reported that subsidiary The Second National Bank of Warren, on its behalf and
on behalf of Second Bancorp, made the following announcement today.
On December 6, 1999, Rick L. Blossom will become president and chief executive
officer of Second National Bank and president and chief operating officer of
Second Bancorp Incorporated, the one-bank holding company and Second National's
parent.
Alan G. Brant, who has served as president and chief executive officer of Second
National since 1985, will become chairman and chief executive officer of Second
Bancorp Incorporated. Both Brant and Blossom will serve as directors of both
companies.
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Blossom, 52, now serves as president, chief executive officer, and a member of
the board of directors of the Hamilton, Ohio-based First National Bank of
Southwestern Ohio, a $1 billion bank which operates 31 retail banking centers in
four southwestern Ohio counties. He joined First Southwestern in 1983 and
progressed to senior vice president in 1990, executive vice president in 1996,
president and member of the board of directors in 1997, and chief executive
officer in 1998. He is also senior vice president and chief lending officer of
First Southwestern's parent company, the $3.9 billion First Financial Bancorp.
Blossom said, "My goal is to continue Second National's forward momentum and to
make a strong contribution to its ongoing success. I look forward to becoming
part of an organization that has such a successful track record in growth and
innovation.
"I firmly believe there is a place for independent community banking in the
future," continued Blossom. "And with a consistent focus on client service and
profitability, there is absolutely no reason that Second National should not be
among the strongest players in northeastern Ohio going forward."
A graduate of Miami University and a veteran of the United States Air Force,
Blossom currently serves the Ohio Bankers Association as a member of the board
of directors of Ohio BankPac and a member of the OBA's Government Relations
Council.
In the Hamilton community, he currently serves on the board of directors of the
Hamilton Economic Development Corporation and the finance committee of the
Fitton Center of Creative Arts. He is also chairman of the Butler County United
Way's 1999 fundraising campaign.
Brant, as chairman and chief executive officer of Second Bancorp, will direct
the activities of the holding company and support Blossom in his new role at the
helm of Second National. Over the last 15 years, Brant has guided Second
National through the most successful period in the bank's 120-year history.
Under his leadership, Second National has evolved from a small Warren-based bank
to a financial services company with assets of $1.55 billion.
The bank has successfully expanded throughout northeastern Ohio, including two
recent acquisitions which made Second National the largest Trumbull county-based
bank serving the Mahoning Valley. From just eight offices in the Warren area in
1984, Second National has grown to 36 offices in nine Ohio counties.
"To bring a man of Rick's talent and experience into the organization bodes well
for the continued success and growth of Second National Bank," said Brant. "I
look forward to working with him."
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Second Bancorp is a $1.55 billion bank holding company providing a full range of
commercial and consumer banking, trust, insurance and investment products and
services to communities in a nine county area of Northeastern and East-Central
Ohio through Second National's 36 office network.
Additional information about Second Bancorp can be found on the World Wide Web
at www.prnewswire.com. Information about products and services offered by Second
National Bank can also be accessed at www.secondnationalbank.com.
CONTACT: Christopher Stanitz, Executive Vice President and Secretary,
330-841-0234 or fax, 330-841-0489.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Second Bancorp, Incorporated
Date: November 12, 1999 /s/ David L. Kellerman
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David L. Kellerman, Treasurer
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